Luxembourg Fund Labelling Agency (LuxFLAG)
LuxFLAG is a non-profit making international and independent labelling agency, that supports the financing of sustainable development by providing clarity to investors. To promote responsible investing in the financial industry, LuxFLAG awards labels to eligible investment funds in microfinance, environment and ESG (environment, social, governance) fields. The objective of the LuxFLAG Labels is to reassure investors that the labelled fund invests in a responsible manner. In 2016, LuxFLAG celebrates its 10th Anniversary.
LuxFLAG Labels are available for internationally distributed funds irrespective of their country of domicile. Successful candidate investment funds have to meet predefined eligibility criteria assessed by independent eligibility committees composed of industry experts, academicians and analysts. LuxFLAG Labels are valid for a period of one year and can be renewed on expiry.
LuxFLAG shares its experience by actively taking part in conferences and roadshows, and it organises regular seminars. It also works with ALFI on the major Impact Investing & Microfinance conference which brings together investors, practitioners and researchers from around the world. In 2015, LuxFLAG contributed to several international conferences, moderating panels and giving speeches during Luxembourg financial missions, ALFI roadshows and conferences, the European Microfinance Week, the Global Ethical Finance Forum in Edinburgh and more.
By March 2016, LuxFLAG has issued 45 investment fund labels worth over USD 11.6 billion Assets under Management (AuM):
- 27 investment funds representing approximately USD 5.9 bn in AuM have been granted the use of the LuxFLAG Microfinance Label.
- 9 investment funds representing approximately USD 2.8 bn in AuM have been granted the use of the LuxFLAG Environment Label.
- 9 investment funds representing approximately USD 2.9 bn in AuM have been granted the use of the LuxFLAG ESG Label.